Distress Properties for Sale in Parel, Mumbai

Discover 1+ distress properties in Parel, Mumbai on Ghar offering great investment value. [IF: ₹1.28 Cr]Property prices range from ₹1.28 Cr to ₹9.00 Cr, with average rates at ₹3.41 Cr.[/IF] [IF:432]Select from 432 RERA approved properties for secure buying.[/IF] [IF:29]Check out 29 new projects perfect for smart investors.[/IF] [IF:Acharya Donde Marg, Dr Babasaheb Ambedkar Marg, Lalbaug and GD Ambekar Marg]Top localities like Acharya Donde Marg, Dr Babasaheb Ambedkar Marg, Lalbaug and GD Ambekar Marg provide excellent buying opportunities.[/IF]

Also showing properties nearby Parel, Lower Parel, Prabhadevi, , Mumbai Central, , Byculla, Byculla East, Mazgaon

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1 RK Flat for Rent of Carpet 180 Sq.ft in Kuka Sadan Parel Mumbai by Milind Narayan Gawde

Dr Babasaheb Ambedkar Marg, Parel, Mumbai - 400012

Deposit : 1.00 Lacs
Rent       : 22000
Price
180 Sq.ft Carpet Area
Ready To Move Construction Status
  • Distress
  • OC Received

1 RK Flat for Rent in Dr Babasaheb Ambedkar Marg, Parel, Mumbai: 1 RK Flat with an Carpet area of 180 Sq.ft available for Rent at Dr Babasaheb Ambedkar Marg, Parel, Mumbai in a good and well maintained society name as Kuka Sadan , its a 5 storey structure. Residents can do interior as per their requirement. The Building provides extra features. Families residing at Kuka Sadan enjoy close proximity to mall, school, college, hospital, bus stop and amusement park. Please do enquire for more further details.

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Distress Properties for Sale in Parel: Unveiling Investment Opportunities

The real estate market in Parel, Mumbai, presents a compelling landscape for buyers seeking distress properties for sale, offering a unique chance to acquire assets at potentially reduced prices. Parel, a historically significant industrial hub, has transformed into a prime residential and commercial district, attracting significant investment and development. Distress properties, often arising from financial exigencies of sellers or developers, can represent a strategic entry point into this highly sought-after market. These opportunities appeal to a diverse range of buyers, from astute investors looking for capital appreciation to end-users aiming to secure a home in a well-connected and rapidly developing urban center. Understanding the nuances of distress sales, including legal diligence and market valuation, is crucial for navigating this segment of the Parel property market effectively, ensuring a secure and profitable acquisition for discerning buyers seeking value.

Strategic Location with Excellent Connectivity

Parel's strategic location in South Mumbai offers unparalleled connectivity, making it a prime residential choice. Its robust transportation network ensures seamless commuting across the city and easy access to key business districts, enhancing the desirability of its real estate. The area benefits from multiple transportation modes ensuring seamless travel across Mumbai and beyond.

  • Currey Road Railway Station on the Central Line provides direct connectivity to South Mumbai and Thane
  • Lower Parel Railway Station, a major hub, connects residents to various parts of the city
  • Proposed metro lines aim to further enhance connectivity to other major Mumbai suburbs
  • Eastern Freeway provides swift access to South Mumbai and the Eastern Express Highway
  • Mahalaxmi Racecourse is a short drive away, offering recreational green space
This integrated connectivity framework significantly boosts property values and ensures residents enjoy convenient access to employment hubs, entertainment zones, and essential services throughout the bustling metropolitan region.

Leading Developers and Premium Projects

Parel has witnessed substantial development driven by reputed real estate developers who have transformed its skyline with modern residential and commercial projects. These developers bring expertise in urban redevelopment and luxury housing. Lodha Group is prominent with projects like Lodha The Park, known for its ultra-luxury residences and extensive amenities, defining high-end living in Parel. Indiabulls Real Estate has contributed significantly with Indiabulls Sky and Indiabulls Blu, offering premium apartments with spectacular city views. Godrej Properties offers Godrej The Trees, a mixed-use development focusing on sustainability and modern living. Piramal Realty has also established its presence with Piramal Aranya, known for its sophisticated design and lifestyle facilities. These developers are recognized for their commitment to quality, timely delivery, and creating integrated urban living experiences, making Parel a hub for aspirational real estate investments.

World-Class Amenities and Social Infrastructure

Parel boasts a well-developed social infrastructure that caters to the needs of its cosmopolitan residents, offering a blend of lifestyle, education, and healthcare facilities. The area is home to premier educational institutions such as The Indian School of Design and Innovation (ISDI) and Arbor Global School, providing quality education options. For healthcare needs, residents have access to top-tier hospitals including Wadia Hospital, known for its maternity and pediatric care, and Global Hospital, offering specialized medical treatments. Shopping and entertainment are well catered for by nearby Palladium Mall, High Street Phoenix, and R City Mall, featuring a wide array of retail outlets, dining options, and multiplex cinemas. The proximity to business districts like Lower Parel and BKC ensures convenience for professionals, while the area's vibrant culinary scene and proximity to cultural landmarks further enhance its appeal as a desirable urban enclave.

Frequently Asked Questions (FAQs)

[IF:1+]
What are distress properties and how many are available in Parel, Mumbai?
Distress properties are homes sold below market value due to urgent financial needs. There are 1+ such properties listed in Parel, Mumbai on Ghar, offering great deals for buyers.
[/IF] [IF: ₹1.28 Cr]
What price can I expect for distress properties in Parel, Mumbai?
Distress properties in Parel, Mumbai start at ₹1.28 Cr and go up to ₹9.00 Cr. The average selling price is ₹3.41 Cr, making them affordable for many buyers.
[/IF] [IF:Acharya Donde Marg, Dr Babasaheb Ambedkar Marg, Lalbaug and GD Ambekar Marg]
Which locations in Parel, Mumbai have the best distress property deals?
The most popular areas for distress properties in Parel, Mumbai are Acharya Donde Marg, Dr Babasaheb Ambedkar Marg, Lalbaug and GD Ambekar Marg. These neighborhoods offer good infrastructure and growth potential for future resale.
[/IF] [IF:890]
Can I find ready to occupy distress properties in Parel, Mumbai?
Yes, there are 890 ready to move distress properties available in Parel, Mumbai. These homes allow immediate possession and save waiting time for construction completion.
[/IF] [IF:29]
Are new distress property projects coming up in Parel, Mumbai?
Currently, 29 new distress property projects are launching in Parel, Mumbai. These projects provide modern designs and amenities at reduced market prices.
[/IF] [IF:432]
Are distress properties in Parel, Mumbai RERA approved?
Yes, 432 distress properties in Parel, Mumbai are RERA registered. This registration protects buyer interests and ensures legal compliance in property transactions.
[/IF] [IF:86]
How many under construction distress properties are there in Parel, Mumbai?
There are 86 under construction distress properties in Parel, Mumbai. These properties offer lower prices and flexible payment plans during the construction phase.
[/IF] [IF:38]
Are there zero brokerage distress properties in Parel, Mumbai?
Yes, you can find 38 no brokerage distress properties in Parel, Mumbai. Direct owner listings help you avoid extra commission charges and reduce buying costs.
[/IF] [IF:1034]
What is the count of resale distress properties in Parel, Mumbai?
Currently, 1034 resale distress properties are available in Parel, Mumbai. Resale options provide faster possession and opportunities for price negotiation with sellers.
[/IF] [IF:55]
How many new launch distress properties are in Parel, Mumbai?
There are 55 new launch distress properties in Parel, Mumbai. New launches offer the latest construction standards and attractive pre-launch pricing for early investors.
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Sandeep M Thakur

Deal Maker - Agent

2752 Listings